Shares in Petromanas Energy (TSX-V:PMI) are up approx. 65% since the Calgary-based, Albania-focused oil and gas explorer announced an operational update and Q2 results last Thursday. Petromanas is exploring Blocks 2-3 in Albania with super-major Shell (75%). At the Shpirag-2 target (pictured), PMI intends to conduct a controlled test of approximately 350-400 metres of the… Continue Reading

US equity markets are experiencing capital inflows from around the world for three fundamental reasons: 1) A strengthening currency 2) Growth on the margin; and 3) Capacity. These three characteristics make US equities as extraordinary as an honest politician, and are the basis of an extremely compelling case for US Growth and Consumption stocks as… Continue Reading

Alpha Minerals (AMW:TSXV) and Fission Uranium (FCU:TSXV) released assays on five more holes at their PLS discovery in the Athabasca Basin, Saskatchewan.  The strike length of R390E zone has doubled since the 2013 winter program started to over 120m of strike.  The highlight of this batch of results was a 47m interval of mineralization including… Continue Reading

Petroamerica Oil Corp. (TSXV:PTA) just reported net income of $11.2 million for the quarter ended June 30, 2013. A review of the quarter and an Activity Schedule of upcoming catalysts can be found in the news release. Read: Petroamerica Announces Second Quarter 2013 Results and Surpasses 6,000 bopd Production Milestone PTA also announced that they have surpassed the… Continue Reading

VANCOUVER, Aug. 21, 2013 /CNW/ – Rob Blanchard, President of Haywood Securities Inc., one of Canada’s leading independent investment dealers, is pleased to announce that Haywood has taken a critical first step in its plans to significantly enhance the Firm’s position in the energy sector. “We have attracted a hand-picked team of accomplished energy capital markets specialists who will provide our Firm with the… Continue Reading

“Petroamerica Oil Corp. (TSXV:PTA) has released the results from its Las Maracas-10 development well, which tested under natural flow, light 29.8-degree API oil at an average rate of approximately 1,000 barrels of oil per day from the Gacheta formation. The Las Maracas-10 development well was specifically targeting attic oil in the main Gacheta reservoir, however,… Continue Reading

By James Kwantes, World of Mining Rebalancing, Part 2: Signs of life (click here for part 1) In my last post, I detailed the positions that I’ve sold (Amerigo Resources, Sandstorm Gold/Metals & Energy) or dramatically reduced (Lumina Copper) in the past couple of months. This post takes a closer look at stocks I’ve purchased… Continue Reading

NexGen Energy (NXE:TSXV) has started a 3,000m drill program on their Rook I property which is located next door to Alpha/Fission’s PLS project (see recent drill results here). NexGen has already completed aerial VTEM and magnetics as well as ground gravity testing. The exploration team at NexGen, led by Andrew Browne, has already defined a… Continue Reading

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced this morning, after being halted late yesterday, that they had discovered a fourth mineralized zone at their Patterson Lake South Discovery.  The fourth zone, R945E, is located 165m grid east of R780E zone and extends the total strike length of the PLS deposit to 1.05km.  Hole PLS13-084 hit… Continue Reading

Nuclear power is a clean energy source that will be used well into the future to help meet the world’s growing energy requirements. In this infographic, Visual Capitalist highlights uranium’s history, properties, and fundamentals moving forward. Uranium: The Metal of Tomorrow Nuclear power accounts for 5.7% of the world’s energy and 13% of the world’s… Continue Reading

Aug. 9 (Bloomberg) — Pacific Rubiales Energy Corp., Latin America’s most valuable non-state crude producer, said buying a light crude producer in Colombia would help reduce transport costs for the mostly heavy oil producer. Increasing low-density crude output would reduce purchases of diluents needed to transport heavier oils by pipeline, Chief Financial Officer Carlos Perez… Continue Reading

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced further results from their $6.95 million, 44 hole, 11,000m drill and ground geophysics program at their Patterson Lake South (PLS) deposit in the Athabasca Basin of Saskatchewan.  The companies announced drilling results including hole PLS13-080 which encountered 13.41m composite off-scale mineralization including 7.6m of continuous off-scale mineralization.  This… Continue Reading

Pacific Rubiales (PRE:TSX) the Colombian oil producer, headed by Co-Chairman Serafino Iacono, announced its second quarter results which were somewhat mixed.  PRE saw its net earnings diminish from $224 million ($0.76 per share) in Q2/2012 to $58 million ($0.18 per share) in Q2/2013.  The reason for the reduced earnings was foreign exchange losses as well… Continue Reading

Today’s action in precious metals and natural gas was quite notable. The stage is now perfectly set for a monster move higher in gold miners, gold, and natural gas over the coming weeks. The crowd was clearly taken by surprise with today’s moves in precious metals and the miners – with the herd so poorly… Continue Reading

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced the results of an additional four drill holes from their Patterson Lake South Deposit (50/50 Joint Venture) in the Athabasca region of Saskatchewan.  The two are in the process of completing a $6.95 million, 11,000m drill and ground geophysics program on the project.  Drilling highlights included 18.5m… Continue Reading